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Rate Discounts Pave the Way for Restructuring

Fortnightly Magazine - January 15 1995

enough to have a high probability of exceeding the relevant marginal cost.

Re Commonwealth Edison Co., 153 PUR4th 151 (Ill.C.C.1994). Approves a tariff permitting an electric utility to enter negotiated rate contracts with up to 25 large general service customers. Reserves treatment of lost revenues for a future generic proceeding.

Re Public Service Electric & Gas Corp., 150 PUR4th 314 (N.J.B.R.C.1994). Orders shareholders to absorb shortfall associated with discount in the price paid by a refinery company for electric utility service.

.PP

Re Detroit Edison Co., 149 PUR4th 161 at 221 (Mich.P.S.C.1994). Shares between ratepayers and shareholders the costs of a load retention discount rate.

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